Short Interest in Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) Declines By 87.2%

Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) saw a large drop in short interest in January. As of January 15th, there was short interest totalling 341,800 shares, a drop of 87.2% from the December 31st total of 2,666,500 shares. Based on an average daily volume of 46,500 shares, the days-to-cover ratio is presently 7.4 days.

Grupo México Stock Down 0.8 %

OTCMKTS GMBXF traded down $0.04 on Tuesday, hitting $4.98. 7,223 shares of the company were exchanged, compared to its average volume of 29,466. Grupo México has a 1-year low of $4.65 and a 1-year high of $7.00. The firm has a 50 day moving average of $4.99 and a two-hundred day moving average of $5.29.

Grupo México Company Profile

Grupo México, SAB. de C.V. engages in copper production, cargo transportation, and infrastructure businesses worldwide. The company operates through Mining, Transportation, and Infrastructure divisions. The Mining division explores for copper, silver, molybdenum, zinc, sulfuric acid, gold, and selenium.